Understanding How a Reverse Mortgage is Paid Back
A Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage, can be a valuable financial tool for seniors seeking to access their home
The Best Reverse Mortgage Lenders in Ohio
Money should be the least of your worries when you’re retired. If you want to ensure that you always have the money to fund adventures and investing, then you need to consider a reverse mortgage. At South River Mortgage, you can expect incredible service and friendly staff. We’ll make sure you know exactly what a reverse mortgage is all about in Ohio. Here’s why you should consider our reverse mortgage services in Cleveland, Ohio.
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HUD-Approved Counseling Agencies in Ohio
Counseling Agency Name | Phone number | Address | Website |
---|---|---|---|
CONSUMER CREDIT COUNSELING SERVICE OF WNC, INC. - DBA - ONTRACK FINANCIAL EDUCATION & COUNSELING | 828-255-5166 | 50 S French Broad Ave Ste 227 Asheville, North Carolina 28801-3271 | http://www.ontrackwnc.org/ |
NORTHWESTERN REGIONAL HOUSING AUTHORITY | 828-266-9794 | 869 Highway 105 Ext Ste 7 Boone, North Carolina 28607-4958 | http://www.nwrha.com/ |
CCCS OF GREATER GREENSBORO | 336-373-8882 | 315 E Washington St Greensboro, NC 27401 Greensboro, North Carolina 27401-2911 | http://www.fspcares.org/financial-stability/ |
HOUSING FOUNDATION OF AMERICA, GREENSBORO BRANCH | 336-780-7530-1015 | 122 N Elm Street Ste 525 GREENSBORO, North Carolina 27401-2878 | http://www.homeapproved.org/ |
CENTRE FOR HOME OWNERSHIP & ECONOMIC DEVELOPMENT CORPORATION | 919-241-4718 | 960 Corporate Dr Ste 405 Hillsborough, North Carolina 27278-8560 | http://https//homeownershipcentre.org |
Why a Reverse Mortgage in Ohio Can Help You
Based on your home’s equity, a reverse loan gives you access to tons of money monthly through a lump sum, payments, or through a line of credit. The only requirement is that you don’t move from the house. If you do, then you’ll have to pay the loan back.
Otherwise, you don’t have to worry about paying the loan off in your lifetime. Instead, your estate will pay it back by selling the house after you pass. That gives you an easy way to acquire additional money every month without ever having to worry about paying it back.
When it comes to looking through companies to receive your reverse loan services, you must choose the best.
Our reverse mortgage lenders in Indiana and Ohio are devoted to you. We want to see your wealth grow and ensure that you have a comfortable and fun retirement. Part of that is in offering catered rates in Ohio.
You can also expect our reverse mortgage lenders to be friendly, knowledgeable, and to be the expert. Our reverse mortgage lenders have the experience you can trust.
To see how a reverse loan can help you, call our expert reverse mortgage lenders today.
Why South River Mortgage?
South River Mortgage is a leader in reverse mortgages in Los Angeles, California. South River Mortgage has an expert staff of loan advisors and always gives back to the community.
Proprietary Loan Programs
South River Mortgage has many proprietary loan programs that allow South River Mortgage to qualify many borrowers who would otherwise be ineligible or denied for a reverse mortgage loan. For this reason, South River Mortgage is a top rated reverse mortgage company
South River Mortgage Gives Back
We believe in giving back to the communities we operate in, and we believe in helping seniors. This is why South River Mortgage sponsors hundreds of AARP memberships annually and participates in company-wide volunteer days.
Expert Loan Advisors
All staff members treat clients as we would treat our own family members. Our expert loan advisors go through a thorough guided training program, complete continuing education annually, and are well-regarded as the experts in the field.
How a Reverse Mortgage Works
Speak to a Reverse Mortgage Advisor
Have questions about the reverse mortgage? Are you not sure if this is the right program for you? Speak with one of our trusted reverse mortgage advisors today
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